Duer, William, 1747-1799 [Principles of agreement between Henry Knox and William Duer and the state of Massachusetts]

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GLC#
GLC02437.04971-View header record
Type
Documents
Date
2 June 1791
Author/Creator
Duer, William, 1747-1799
Title
[Principles of agreement between Henry Knox and William Duer and the state of Massachusetts]
Place Written
New Brunswick, New Jersey
Pagination
5 p. : docket ; Height: 32.1 cm, Width: 20 cm
Primary time period
The New Nation, 1783-1815
Sub-Era
The Early Republic

Agreement of Knox and Duer to purchase lands in the District of Maine from the state of Massachusetts. Written in Duer's hand. The major stipulations include: an equal stake in the investment for both parties, a desire to pay only 12 cents per acre in no less than five annual installments, that only Knox and Duer are directors of this purchase with William Constable being given the option to join them during a six-month period after the purchase, and that Henry Jackson and Royal Flint are to serve as agents for the purchase. Goes on to provide stipulations that "subordinate parties" will have to abide by if they invest in this purchase. Duer's own signature is at the bottom of page 5, along with his copied signatures of Henry Knox, Henry Jackson, and John Lane.

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